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Chairman’s Perception of Board Work Upon Female Board Representation:: A Study on Nordic Listed Companies
Stockholm University, Faculty of Social Sciences, School of Business, Finance.
Hanken, Finland.
2012 (English)Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

In this study we consider the consequences of female board representation on board work in listed firms in the five Nordic countries. Using survey data provided by company chairmen, we contribute to the literature on gender diversity in boards by providing an insider perspective. Survey data reveals that chairmen, the operative syllable being "men," are significantly less satisfied with female board members when asked to rate various groups of board members. Controlling for a number of factors, gender diversity is not perceived to provide a positive contribution to board work. However, concluding that homogeneous groups would work better when risk is high is not warranted, as data reveals evidence that gender diversity produces positive results in high-risk firms. Furthermore, the results indicate that when a company has a nomination committee, the likelihood that the company will have a gender diverse board increases dramatically.

Place, publisher, year, edition, pages
2012.
National Category
Business Administration
Research subject
Business Administration
Identifiers
URN: urn:nbn:se:su:diva-90880OAI: oai:DiVA.org:su-90880DiVA: diva2:627940
Conference
European Financial Management Association 2012 Annual Meetings June 27-30, 2012 Barcelona, Spain (EFMA 2012)
Available from: 2013-06-13 Created: 2013-06-13 Last updated: 2013-07-11Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf